Stoozing and card tarting: how far can I go?

My situation:
I currently hold £6800 in a Cash ISA at 2.85% and £3000 in First Direct's regular saver. I have £4800 of credit card debt on one 0% card which is now at its limit. The 0% interest runs out in September when I then plan to transfer to a 0% balance transfer card to continue earning interest on my savings.

My question:
To maximise my stoozing would it be a good idea to get another 0% spending card so that I can continue to add to my ISA or would this affect my credit rating negatively as I will then be applying for a card now and in September after only having my current one since October?

I have been using 0% spending cards for 3 years and have always made the minimum repayments and cleared the debt before the 0% ran out. This will be the first time I use a balance transfer card.

Thank you,



  • grumbler
    grumbler Posts: 58,629 Forumite
    Name Dropper First Post Photogenic First Anniversary
    IMHO, balance transfers are are hardly worth the hassle for stoozing nowadays because of the BT fees and low interest rates.

    Minimum payments apparently adversely affect your credit rating. It's advised to pay just a little bit more.
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